Gemini's launch and impact on Bitcoin price

[folo]

Hello everyone,

will, in your opinion, the launch of Gemini Exchange will have an impact on the Bitcoin price?

[Meuh6879]

Useless.















Resistance is futile, Bitcoin will always win at the end.
We are already here to stay.

[randy8777]

Hello everyone,

will, in your opinion, the launch of Gemini Exchange will have an impact on the Bitcoin price?

the price went up a few bucks today, which might be due to the near launch of the gemini exchange. i hope we'll maintain the $250 level and not fall back to below $240.

[talks_cheep]

it hit 249.01 at bitfinex today and now is steadily going down like the trooper it's always been. 246 and falllllllllllllllllllllling.

[1Referee]

it hit 249.01 at bitfinex today and now is steadily going down like the trooper it's always been. 246 and falllllllllllllllllllllling.

Looks like some traders got a little bit too excited with buying, or we might see another bump bringing the price to over $250 today. I have the feeling something will happen today.

[NorrisK]

it hit 249.01 at bitfinex today and now is steadily going down like the trooper it's always been. 246 and falllllllllllllllllllllling.

Looks like some traders got a little bit too excited with buying, or we might see another bump bringing the price to over $250 today. I have the feeling something will happen today.

Still looking like a steady price rise to mee. Just a little normal correction in between, nothing to be afraid of.

The real launch is when stuff will happen. Just one more day! This will be interesting.

[Amph]

there is already a mini-mini pump ongoing, maybe the gemini is causing it who know, the swing is so little that you can attribute it to anything

it should anyway have some sort of an impact of the market, but i would expect to return at 270 at best

[Fiat_Hodler]

easy ACH transfers to the exchange and hopefully they wont be retarded like coinbase and ban everyone and their mom(s) for no reason.

I am looking forward to using their platform.

[Mickeyb]

there is already a mini-mini pump ongoing, maybe the gemini is causing it who, now the swing is so little that you can attribute it to anything

it should anyway have some sort of an impact of the market, but i would expect to return at 270 at best

I wouldn't call it a mini pump, it's just a good growth in my opinion. A good reaction for a very positive news in Bitcoin ecosystem. We don't need what has happened with Coinbase announcement, when we shot all the way pass $300 just to fall straight down on our face.

I would be happy if we would grow up to $260 and just create there a new healthy floor while staying there!

[readysalted89]

it hit 249.01 at bitfinex today and now is steadily going down like the trooper it's always been. 246 and falllllllllllllllllllllling.

Looks like some traders got a little bit too excited with buying, or we might see another bump bringing the price to over $250 today. I have the feeling something will happen today.

Traders will buy extra coins to sell on Gemini. The closer it gets to launch time, the more coins they will buy. Of course some traders always will sell for a small profit after any pump, so we had a small correction earlier on. Price rarely rises in a straight unbroken vertical line for long. In the long term the Gemini launch will mark the start of a sustained price rise.

[fulgdenea]

there is already a mini-mini pump ongoing, maybe the gemini is causing it who, now the swing is so little that you can attribute it to anything

it should anyway have some sort of an impact of the market, but i would expect to return at 270 at best

Agreed with you at the moment price has good sign to going up from last week and it stable at up to $238 and with upward signs so we can keep hope it will move more up and cross again $300 again in current month.

[NeuroticFish]

Hello everyone,

will, in your opinion, the launch of Gemini Exchange will have an impact on the Bitcoin price?

On the short term, a pump and dump period just started.
On the long term, it has a good chance to affect the price since there are a lot of people with big bucks that believe in the twins and would invest into bitcoin because of them, but this will be seen in many months to come, not this quick.

[Febo]

it hit 249.01 at bitfinex today and now is steadily going down like the trooper it's always been. 246 and falllllllllllllllllllllling.

Looks like some traders got a little bit too excited with buying, or we might see another bump bringing the price to over $250 today. I have the feeling something will happen today.

Traders will buy extra coins to sell on Gemini. The closer it gets to launch time, the more coins they will buy. Of course some traders always will sell for a small profit after any pump, so we had a small correction earlier on. Price rarely rises in a straight unbroken vertical line for long. In the long term the Gemini launch will mark the start of a sustained price rise.

I agree expectations will raise price, but when it will actual happen there will be a correction.

[gogxmagog]

I dont think it will make any difference on the price, no new exchange has in the past.

maybe if they can figure out some sort of Willy Bot 0.2 though...

[BitcoinNewsMagazine]

By the time you see anyone asking here if something will affect bitcoin price you can assume any effect is already priced in to the market.

[kwukduck]

Just another place where people can easily dump their scamcoins so it's guaranteed to push the price down.

[gentlemand]

It adds one less excuse for BTC to be discounted. I don't think much or anything'll happen in the near term. Perhaps their 'institutional investors' will throw up a surprise but they already have a few little nooks to crawl through.

[NorrisK]

Just another place where people can easily dump their scamcoins so it's guaranteed to push the price down.

There are enough places for people to dump their coins. This will not facilitate extra dumping.

Maybe it is just better to buy back the coins you sold too early and move on?

[talks_cheep]

Just another place where people can easily dump their scamcoins so it's guaranteed to push the price down.

There are enough places for people to dump their coins. This will not facilitate extra dumping.

Maybe it is just better to buy back the coins you sold too early and move on?

Granted there are other places you can go to dump your coins, Gemini WILL ADD to already burgeoning number of exchanges for EXTRA DUMPING. Why is it so hard for you to understand? Bulltardness is spreading like plague.

[pitham1]

When the exchange really gets off the ground, and the institutional money starts flowing in, you can expect an uptick in the price.